IndusInd Bank Derivatives Case Study: Control Failures

IndusInd Bank Derivatives Case Study

In March 2025, IndusInd Bank disclosed discrepancies in account balances associated with its derivatives portfolio. An initial internal review estimated an adverse effect equivalent to approximately 2.35% of the bank’s net worth at 31 December 2024. An independent review subsequently Read More …

IFRS 9 adoption vital for restoring confidence in the banking sector, say experts

Bangladesh’s banking sector must accelerate the adoption of IFRS 9 to rebuild public trust, strengthen governance, and ensure more accurate loan-loss provisioning, according to experts speaking at a recent financial sector discussion. They noted that inconsistent classification of non-performing loans Read More …